Non-Doms & Remittances

Postby andrew o'brien on Fri Jan 06, 2006 6:20 pm

I understand that non-domicile residents of both the UK and Ireland can avail of the remittance basis of income tax.

In fact, I understand that the income of such non-domiciles can be recharacterised into capital with planning and as such remitted to the country of residence tax-free.

I was wondering - could any of the resident experts explain what methods are used to achieve this?


I am only asking out of great interest in this area. I appreciate that it is a minefield for the DIY practitioner.

That said, I'm still curious as to what is actually done.



Thank you!
andrew o'brien
 
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Joined: Wed Aug 06, 2008 3:11 pm

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